DaveManuel.com · Institutional Ownership · 13F Holdings

ALTFEST L J & CO INC

Reported holdings as of Q3 2026, from 32 quarterly filings.

CIK

712050

Reported value

$1.0B

Positions

318

Top 10 weight

37.2%

Filed

2026-10-27

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
INVESCO EXCH TRADED FD TR II	QQQM	$58.0M	190,342	5.76%	+0.13pp	7q	-0.6%-$361.3K
VANGUARD MALVERN FDS	VTIP	$52.9M	1,075,442	5.25%	+1.10pp	7q	+26.2%+$11.0M
MATTHEWS ASIA FDS	MINV	$41.3M	853,160	4.10%	-1.02pp	17q	-6.6%-$2.9M
ISHARES TR	STIP	$41.3M	413,772	4.09%	+0.12pp	32q	+3.1%+$1.2M
FIRST TR EXCHANGE-TRADED FD	EMLP	$38.8M	946,366	3.85%	-0.09pp	32q	+1.4%+$527.8K
RBB FD INC	UTEN	$34.5M	852,390	3.43%	-0.06pp	15q	+2.5%+$838.6K
APPLE INC	AAPL	$34.5M	103,582	3.42%	+0.47pp	31q	-1.6%-$559.8K
SCHWAB STRATEGIC TR	SCHP	$28.9M	1,150,400	2.87%	+0.02pp	17q	+3.8%+$1.1M
VANGUARD WORLD FD	VHT	$24.9M	78,881	2.47%	+0.11pp	32q	-3.1%-$810.4K
SPDR SERIES TRUST	SPMB	$19.3M	913,881	1.92%	flat	9q	+3.2%+$592.3K
USA RARE EARTH INC	USAR	$17.7M	1,260,525	1.76%	-0.88pp	5q	HELD
PIMCO ETF TR	LTPZ	$17.7M	393,369	1.76%	+0.36pp	6q	+38.3%+$4.9M
MICROSOFT CORP	MSFT	$17.4M	33,933	1.73%	+0.96pp	32q	+59.8%+$6.5M
INVESCO EXCHANGE TRADED FD T	XLG	$16.7M	262,096	1.65%	-	new	NEW
AMAZON COM INC	AMZN	$15.7M	63,054	1.56%	+0.34pp	31q	+19.9%+$2.6M
FIDELITY COVINGTON TRUST	FHLC	$14.2M	174,263	1.41%	-0.33pp	5q	-25.1%-$4.8M
GOLDMAN SACHS ETF TR	GBIL	$14.1M	141,081	1.40%	-0.73pp	6q	-35.6%-$7.8M
GLOBAL X FDS	PAVE	$13.3M	252,777	1.32%	-0.13pp	6q	HELD
ELI LILLY & CO	LLY	$13.0M	11,276	1.30%	-0.49pp	32q	-26.4%-$4.7M
ANGEL OAK FUNDS TRUST	CARY	$12.6M	626,550	1.25%	-	new	NEW
SIMPLIFY EXCHANGE TRADED FUN	TUA	$12.6M	660,612	1.25%	+0.23pp	13q	+28.7%+$2.8M
SPDR SERIES TRUST	BIL	$12.4M	135,405	1.23%	-1.44pp	27q	-54.9%-$15.1M
SPDR SERIES TRUST	XSD	$10.0M	18,913	0.99%	-0.07pp	3q	+7.4%+$692.2K
NVIDIA CORPORATION	NVDA	$10.0M	43,745	0.99%	+0.09pp	32q	-5.8%-$610.5K
TIDAL TRUST III	AIS	$9.1M	121,767	0.90%	-	new	NEW
MATTHEWS CHINA DISCOVERY ACTIVE ETF	MCHS	$9.1M	230,078	0.90%	-0.43pp	2q	-12.0%-$1.2M
SPDR SERIES TRUST	KRE	$9.0M	129,397	0.89%	-0.28pp	4q	-19.9%-$2.2M
Direxion Daily Small Cap Bear 3X ETF	TZA	$8.8M	185,093	0.87%	-	new	NEW
ISHARES INC	EWT	$8.6M	76,109	0.85%	+0.83pp	3q	+3491.7%+$8.4M
ALPHABET INC	GOOG	$8.2M	24,123	0.82%	+0.28pp	32q	+53.7%+$2.9M
ONE LIBERTY PPTYS INC	OLP	$7.8M	356,763	0.78%	-0.07pp	32q	HELD
SELECT SECTOR SPDR TR	XLE	$7.8M	126,451	0.77%	+0.75pp	5q	+2718.2%+$7.5M
SPDR SERIES TRUST	XBI	$7.6M	48,141	0.75%	-0.39pp	17q	-35.5%-$4.2M
PROSHARES TR	SJB	$7.2M	462,016	0.71%	-	new	NEW
CAMBRIA ETF TR	GVAL	$6.8M	180,491	0.68%	+0.06pp	7q	+1.3%+$87.6K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$6.7M	14,796	0.67%	-0.18pp	32q	-19.6%-$1.6M
ISHARES TR	ILF	$6.4M	186,136	0.64%	-	new	NEW
ABBVIE INC	ABBV	$6.1M	23,448	0.61%	-0.02pp	32q	-9.7%-$657.9K
JPMORGAN CHASE & CO	JPM	$6.1M	18,491	0.61%	+0.01pp	27q	-1.0%-$63.2K
SCHWAB STRATEGIC TR	SCHB	$6.0M	205,713	0.60%	+0.02pp	32q	HELD
DIREXION SHARES ETF TRUST DAILY	EDZ	$5.7M	391,872	0.56%	-	new	NEW
ISHARES TR	IHI	$5.6M	109,228	0.55%	-0.20pp	13q	-30.6%-$2.5M
ISHARES TR	NYF	$4.9M	97,799	0.49%	+0.01pp	13q	+5.6%+$263.5K
SELECT SECTOR SPDR TR	XLP	$4.9M	61,235	0.49%	+0.21pp	2q	+77.4%+$2.2M
PACER FDS TR	SRVR	$4.9M	172,054	0.48%	-	new	NEW
STATE STR SPDR S&P 500 ETF T	SPY	$4.9M	6,367	0.48%	+0.06pp	32q	+9.7%+$429.4K
ISHARES TR	EWJV	$4.7M	97,752	0.47%	-0.28pp	2q	-44.7%-$3.8M
THERMO FISHER SCIENTIFIC INC	TMO	$4.6M	6,755	0.45%	+0.11pp	5q	-5.2%-$250.5K
META PLATFORMS INC	META	$4.2M	5,782	0.42%	+0.11pp	32q	+1.8%+$72.5K
EXXONMOBIL HOLDINGS CORP	XOM	$4.2M	25,550	0.41%	-	new	NEW
VANECK ETF TRUST	SMH	$4.1M	6,702	0.41%	-0.09pp	11q	-13.5%-$634.5K
SCHWAB STRATEGIC TR	SCHF	$4.1M	147,965	0.40%	+0.01pp	32q	HELD
ISHARES TR	INDA	$3.9M	83,531	0.39%	-0.41pp	4q	-49.7%-$3.8M
INVESCO QQQ TR	QQQ	$3.9M	5,256	0.39%	flat	10q	-3.3%-$134.6K
TEMA ETF TRUST	DISK	$3.8M	97,493	0.38%	-	new	NEW
SPDR GOLD TR	GLD	$3.8M	9,916	0.37%	+0.31pp	19q	+443.6%+$3.1M
FIDELITY COVINGTON TRUST	FVAL	$3.6M	44,749	0.36%	+0.02pp	32q	+1.3%+$47.6K
JOHNSON & JOHNSON	JNJ	$3.6M	13,456	0.35%	+0.02pp	32q	-2.0%-$71.7K
ASML HLDG NV	ASML	$3.5M	1,959	0.35%	+0.28pp	32q	+432.3%+$2.9M
SK HYNIX INC	SKHY	$3.5M	19,189	0.35%	-	new	NEW
VALERO ENERGY CORP	VLO	$3.3M	8,617	0.33%	+0.17pp	3q	+32.5%+$819.8K
MICRON TECHNOLOGY INC	MU	$3.3M	3,078	0.33%	-0.40pp	7q	-52.4%-$3.6M
BERKSHIRE HATHAWAY INC DEL	BRKB	$3.2M	6,343	0.31%	+0.02pp	31q	+5.9%+$177.3K
ISHARES TR	DSI	$3.0M	20,538	0.30%	flat	31q	-5.0%-$159.6K
GE VERNOVA INC	GEV	$3.0M	3,115	0.29%	-0.26pp	10q	-36.4%-$1.7M
SPDR SERIES TRUST	SPYG	$2.8M	22,426	0.27%	+0.02pp	24q	+3.2%+$85.2K
AXON ENTERPRISE INC	AXON	$2.7M	6,405	0.27%	-0.08pp	14q	HELD
BITWISE HYPERLIQUID ETF	BHYP	$2.7M	53,305	0.26%	+0.01pp	2q	-24.5%-$863.2K
ALPHABET INC	GOOGL	$2.6M	7,614	0.26%	flat	27q	+1.3%+$34.1K
MERCK & CO INC	MRK	$2.6M	17,854	0.26%	+0.03pp	32q	-2.7%-$72.8K
SPDR SERIES TRUST	SHM	$2.5M	54,065	0.25%	+0.04pp	19q	+18.9%+$400.3K
DISNEY WALT CO	DIS	$2.5M	23,835	0.25%	+0.10pp	32q	+49.5%+$827.6K
S&P GLOBAL INC	SPGI	$2.5M	6,298	0.25%	flat	32q	-0.7%-$18.1K
CISCO SYS INC	CSCO	$2.4M	22,552	0.24%	-0.03pp	32q	-5.5%-$140.6K
HEWLETT PACKARD ENTERPRISE C	HPE	$2.4M	37,346	0.24%	+0.20pp	2q	+408.6%+$1.9M
INNOVATOR ETFS TRUST	PSEP	$2.3M	48,705	0.23%	flat	16q	-5.8%-$140.0K
MICROCHIP TECHNOLOGY INC.	MCHP	$2.2M	28,510	0.22%	+0.06pp	4q	+59.3%+$825.2K
MARVELL TECHNOLOGY INC	MRVL	$2.2M	8,191	0.21%	-	new	NEW
VANECK ETF TRUST	BBH	$2.1M	8,753	0.21%	+0.04pp	17q	+0.5%+$11.5K
SPDR SERIES TRUST	SPIP	$2.0M	83,519	0.20%	flat	17q	+5.2%+$100.4K
CSX CORP	CSX	$2.0M	42,090	0.19%	-0.03pp	32q	-14.4%-$329.1K
PIMCO ETF TR	PYLD	$2.0M	76,900	0.19%	flat	10q	+2.0%+$38.9K
PIMCO ETF TR	MINT	$1.9M	19,381	0.19%	flat	32q	-1.6%-$31.1K
WALMART INC	WMT	$1.9M	18,300	0.19%	-0.01pp	32q	+2.7%+$49.7K
INTEL CORP	INTC	$1.9M	15,755	0.19%	-0.02pp	32q	+3.7%+$67.7K
BLOOM ENERGY CORP	BE	$1.9M	6,835	0.19%	-0.12pp	3q	-33.8%-$964.7K
ASTRAZENECA PLC	AZN	$1.9M	11,524	0.18%	-0.01pp	3q	+8.7%+$149.4K
BRISTOL-MYERS SQUIBB CO	BMY	$1.8M	28,829	0.18%	+0.02pp	32q	HELD
VANGUARD WORLD FD	VPU	$1.7M	10,218	0.17%	-0.04pp	10q	-8.8%-$168.3K
SCHWAB STRATEGIC TR	SCHV	$1.7M	52,238	0.17%	+0.02pp	32q	+14.1%+$215.3K
DELL TECHNOLOGIES INC	DELL	$1.7M	3,232	0.17%	-	new	NEW
ISHARES TR	IEFA	$1.7M	17,751	0.17%	+0.01pp	22q	+3.1%+$51.2K
VANGUARD WORLD FD	VOX	$1.7M	9,012	0.17%	flat	15q	-7.3%-$135.3K
FIRST TR EXCHNG TRADED FD VI	DEED	$1.7M	83,327	0.17%	flat	23q	+3.3%+$53.4K
AMGEN INC	AMGN	$1.7M	3,996	0.17%	+0.02pp	31q	-1.9%-$32.0K
VANGUARD INDEX FDS	VTI	$1.7M	4,494	0.17%	+0.02pp	24q	+7.8%+$121.2K
FLEXSHARES TR	NFRA	$1.6M	26,086	0.16%	+0.01pp	24q	+4.9%+$75.7K
ISHARES TR	IVV	$1.6M	2,122	0.16%	flat	27q	-2.6%-$43.7K
SPDR INDEX SHS FDS	RWO	$1.6M	35,021	0.16%	-0.03pp	32q	-12.0%-$222.5K
LUMENTUM HLDGS INC	LITE	$1.6M	1,669	0.16%	-	new	NEW
INTERNATIONAL BUSINESS MACHS	IBM	$1.6M	7,271	0.16%	-0.04pp	32q	-1.6%-$25.5K
FIRST TR EXCHNG TRADED FD VI	EIPI	$1.6M	73,400	0.16%	flat	10q	HELD
KLA CORP	KLAC	$1.6M	7,987	0.15%	-0.08pp	18q	-0.6%-$9.4K
SPDR SERIES TRUST	SLYV	$1.5M	14,877	0.15%	-0.02pp	32q	-6.0%-$96.3K
COSTCO WHOLESALE CORPORATION	COST	$1.5M	1,665	0.15%	flat	26q	HELD
GREENFIRE RES LTD NEW	GFR	$1.5M	264,950	0.15%	-	new	NEW
SALESFORCE INC	CRM	$1.5M	6,512	0.15%	-	new	NEW
AMERICAN EXPRESS CO	AXP	$1.5M	4,898	0.15%	-0.02pp	31q	-2.1%-$31.9K
WATERS CORP	WAT	$1.4M	3,298	0.14%	+0.03pp	2q	+2.0%+$29.0K
SCHWAB STRATEGIC TR	SCHM	$1.4M	42,472	0.14%	-0.01pp	32q	HELD
COCA COLA CO	KO	$1.4M	16,552	0.14%	+0.01pp	32q	+1.6%+$22.5K
ORACLE CORP	ORCL	$1.4M	9,950	0.14%	-0.01pp	32q	HELD
AGILENT TECHNOLOGIES INC	A	$1.4M	7,846	0.13%	+0.02pp	2q	-9.5%-$142.5K
WORLD GOLD TR	GLDM	$1.3M	16,333	0.13%	-0.03pp	6q	-22.1%-$381.4K
CHARLES RIV LABS INTL INC	CRL	$1.3M	4,466	0.13%	-	new	NEW
IQVIA HLDGS INC	IQV	$1.3M	4,899	0.13%	-	new	NEW
REGENERON PHARMACEUTICALS	REGN	$1.3M	1,670	0.13%	-	new	NEW
SCHWAB STRATEGIC TR	SCHG	$1.3M	34,958	0.12%	+0.04pp	32q	+33.1%+$312.7K
UNION PAC CORP	UNP	$1.2M	4,589	0.12%	+0.10pp	2q	+333.7%+$960.9K
SERVICENOW INC	NOW	$1.2M	9,273	0.12%	+0.09pp	3q	+214.0%+$846.9K
NETFLIX INC.	NFLX	$1.2M	17,485	0.12%	+0.06pp	25q	+104.6%+$621.8K
SCHWAB STRATEGIC TR	FNDF	$1.2M	22,377	0.12%	+0.01pp	32q	+4.5%+$51.8K
STMICROELECTRONICS N V	STM	$1.2M	21,723	0.12%	-0.05pp	4q	-6.2%-$77.1K
SUNBELT RENTALS HOLDINGS INC	SUNB	$1.2M	15,767	0.11%	-	new	NEW
BRT APARTMENTS CORP	BRT	$1.2M	86,348	0.11%	-0.01pp	31q	HELD
RBB FD INC	TBIL	$1.2M	23,106	0.11%	flat	15q	HELD
UNITEDHEALTH GROUP INC	UNH	$1.1M	3,094	0.11%	-0.20pp	32q	-60.3%-$1.7M
SAP SE	SAP	$1.1M	5,419	0.11%	-	new	NEW
ATLASSIAN CORPORATION	TEAM	$1.1M	6,266	0.11%	-	new	NEW
VISA INC	V	$1.1M	3,116	0.11%	flat	32q	-5.9%-$69.7K
APPLIED MATLS INC	AMAT	$1.1M	2,178	0.11%	+0.08pp	2q	+404.2%+$893.0K
INVESCO EXCHANGE TRADED FD T	ERTH	$1.1M	26,021	0.11%	flat	27q	+11.9%+$117.6K
PFIZER INC	PFE	$1.1M	38,104	0.11%	+0.02pp	32q	+5.2%+$53.8K
VERIZON COMMUNICATIONS INC	VZ	$1.1M	23,586	0.11%	+0.01pp	32q	+4.1%+$42.4K
DIODES INC	DIOD	$1.1M	11,106	0.11%	+0.03pp	3q	+55.0%+$381.5K
ISHARES TR	QUAL	$1.1M	4,785	0.11%	flat	32q	-4.5%-$50.5K
GENERAC HLDGS INC	GNRC	$1.1M	5,079	0.10%	-	new	NEW
VERTEX PHARMACEUTICALS INC	VRTX	$1.0M	1,973	0.10%	flat	24q	-2.8%-$29.8K
NIQ GLOBAL INTELLIGENCE PLC	NIQ	$1.0M	60,200	0.10%	-	new	NEW
VANGUARD INDEX FDS	VOO	$1.0M	1,450	0.10%	+0.04pp	23q	+61.5%+$386.8K
BROADCOM INC	AVGO	$1.0M	2,890	0.10%	-0.18pp	10q	-62.0%-$1.7M
GE AEROSPACE	GE	$1.0M	3,209	0.10%	-0.02pp	21q	-0.6%-$5.9K
ISHARES SILVER TR	SLV	$991.6K	18,192	0.10%	flat	25q	-0.9%-$9.3K
ABBOTT LABORATORIES	ABT	$989.2K	10,009	0.10%	+0.03pp	31q	+25.5%+$201.1K
CITIZENS FINL GROUP INC	CFG	$981.4K	15,393	0.10%	-0.01pp	18q	-2.4%-$23.7K
PEPSICO INC	PEP	$969.4K	7,650	0.10%	flat	32q	+7.5%+$67.4K
TEXAS INSTRS INC	TXN	$944.7K	3,373	0.09%	-	new	NEW
RTX CORPORATION	RTX	$943.4K	5,081	0.09%	flat	25q	HELD
VANGUARD STAR FDS	VXUS	$938.5K	11,046	0.09%	flat	13q	HELD
US BANCORP	USB	$938.4K	16,247	0.09%	flat	32q	HELD
SYNOPSYS INC	SNPS	$936.7K	2,154	0.09%	-0.01pp	10q	-5.4%-$53.5K
ISHARES TR	AGG	$922.1K	9,754	0.09%	-0.04pp	32q	-27.1%-$343.4K
SPDR SERIES TRUST	SPTL	$921.5K	38,638	0.09%	-0.01pp	18q	-6.1%-$59.5K
SCHWAB STRATEGIC TR	SCHE	$917.6K	25,175	0.09%	flat	32q	HELD
FLUOR CORP	FLR	$908.3K	18,970	0.09%	-	new	NEW
CNH INDL N V	CNH	$905.2K	70,447	0.09%	-	new	NEW
JOHNSON CONTROLS INTERNATION	JCI	$896.1K	6,028	0.09%	flat	26q	HELD
FORGENT POWER SOLUTIONS INC	FPS	$895.8K	23,927	0.09%	-	new	NEW
SPDR SERIES TRUST	SPTS	$894.9K	31,215	0.09%	+0.02pp	14q	+26.5%+$187.6K
SPDR SERIES TRUST	KBE	$885.2K	14,002	0.09%	-0.01pp	12q	-1.6%-$14.5K
SOLARIS ENERGY INFRAS INC	SEI	$863.6K	12,132	0.09%	-	new	NEW
MEDTRONIC PLC	MDT	$862.0K	9,989	0.09%	+0.01pp	32q	+1.9%+$16.0K
BANK OF NY MELLON CORP	BNY	$858.7K	5,937	0.09%	flat	31q	HELD
CENTENE CORP DEL	CNC	$845.8K	13,615	0.08%	-0.05pp	2q	-35.6%-$467.8K
UNIVERSAL HEALTH RLTY INCOMESH BEN INT	UHT	$839.4K	22,449	0.08%	-0.01pp	28q	HELD
UBIQUITI INC	UI	$835.0K	1,471	0.08%	-	new	NEW
GRAY MEDIA INC	GTN	$819.1K	182,026	0.08%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	PHO	$812.7K	11,981	0.08%	flat	26q	HELD
FREEPORT-MCMORAN INC	FCX	$805.3K	11,504	0.08%	-	new	NEW
CHEVRON CORPORATION	CVX	$803.5K	3,934	0.08%	+0.02pp	32q	HELD
CITIGROUP INC	C	$798.1K	6,164	0.08%	flat	32q	HELD
AT&T INC	T	$792.9K	32,496	0.08%	+0.01pp	32q	+1.0%+$7.8K
ISHARES TR	IVW	$791.8K	5,566	0.08%	flat	32q	HELD
SCHWAB STRATEGIC TR	SCHO	$782.8K	32,807	0.08%	flat	32q	HELD
ANTERO RESOURCES CORP	AR	$776.5K	23,257	0.08%	flat	7q	+2.4%+$18.1K
VANECK ETF TRUST	GDX	$773.4K	8,809	0.08%	+0.01pp	27q	-2.2%-$17.6K
3M CO	MMM	$758.5K	4,621	0.08%	flat	32q	HELD
SCHWAB STRATEGIC TR	SCHC	$756.9K	15,217	0.08%	flat	32q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKA	$747.0K	1	0.07%	flat	7q	HELD
LOCKHEED MARTIN CORP	LMT	$745.6K	1,464	0.07%	+0.01pp	32q	+12.8%+$84.5K
SELECT SECTOR SPDR TR	XLU	$741.8K	18,809	0.07%	+0.02pp	32q	+52.7%+$256.0K
ISHARES TR	EFV	$736.5K	9,306	0.07%	flat	25q	-1.8%-$13.7K
INNOVATOR ETFS TRUST	NJUL	$700.8K	8,912	0.07%	-0.02pp	13q	-26.2%-$248.9K
PHILIP MORRIS INTL INC	PM	$700.3K	3,670	0.07%	+0.01pp	32q	+8.6%+$55.5K
PROCTER & GAMBLE CO	PG	$679.9K	4,680	0.07%	flat	32q	-0.6%-$4.4K
SCHWAB STRATEGIC TR	SCHA	$674.1K	20,660	0.07%	-0.01pp	31q	HELD
WISDOMTREE TR	DEM	$660.7K	11,945	0.07%	flat	16q	+2.3%+$15.2K
AUTOMATIC DATA PROCESSING IN	ADP	$655.7K	2,541	0.07%	+0.01pp	26q	-0.7%-$4.4K
INNOVATOR ETFS TRUST	PJUL	$633.8K	12,758	0.06%	flat	16q	HELD
SCHWAB STRATEGIC TR	SCHH	$629.1K	28,543	0.06%	flat	32q	+0.7%+$4.5K
ISHARES TR	IUSG	$628.3K	3,243	0.06%	flat	26q	HELD
AXT INC	AXTI	$627.6K	8,108	0.06%	-	new	NEW
WELLS FARGO & CO	WFC	$626.0K	7,820	0.06%	flat	32q	HELD
MANPOWERGROUP INC WIS	MAN	$618.3K	11,125	0.06%	-	new	NEW
LAM RESEARCH CORP	LRCX	$617.6K	1,880	0.06%	-0.02pp	5q	HELD
ISHARES TR	IYW	$617.2K	2,330	0.06%	flat	25q	HELD
FIRST SOLAR INC	FSLR	$612.0K	3,494	0.06%	+0.03pp	10q	+150.6%+$367.8K
VANGUARD SCOTTSDALE FDS	VMBS	$607.2K	13,672	0.06%	flat	31q	+0.8%+$4.9K
VANGUARD SCOTTSDALE FDS	VCIT	$600.9K	7,673	0.06%	flat	8q	HELD
ISHARES TR	IVE	$593.7K	2,601	0.06%	+0.01pp	27q	+9.4%+$50.9K
ALNYLAM PHARMACEUTICALS INC	ALNY	$591.5K	2,397	0.06%	-	new	NEW
INNOVATOR ETFS TRUST	PAUG	$591.3K	12,675	0.06%	flat	18q	-7.9%-$50.9K
VANGUARD WORLD FD	VDE	$589.2K	3,423	0.06%	flat	6q	-12.5%-$84.0K
BIOMARIN PHARMACEUTICAL INC	BMRN	$589.1K	9,819	0.06%	-	new	NEW
GLOBAL X FDS	DTCR	$580.2K	21,377	0.06%	-0.01pp	22q	HELD
SPDR SERIES TRUST	MDYG	$577.6K	5,525	0.06%	flat	32q	-3.2%-$19.1K
ISHARES TR	ACWI	$575.3K	3,624	0.06%	flat	32q	HELD
SPDR SERIES TRUST	SPYV	$575.1K	9,407	0.06%	flat	31q	HELD
ISHARES TR	CMF	$570.2K	10,536	0.06%	flat	9q	+12.0%+$61.0K
TUTOR PERINI CORP	TPC	$568.7K	6,892	0.06%	-0.11pp	4q	-66.2%-$1.1M
FIDELITY COVINGTON TRUST	FQAL	$568.6K	6,830	0.06%	flat	32q	HELD
VANGUARD WHITEHALL FDS	VYM	$567.7K	3,658	0.06%	+0.03pp	25q	+81.1%+$254.2K
ABRDN PRECIOUS METALS BASKET	GLTR	$565.3K	3,035	0.06%	flat	19q	HELD
NEWAMSTERDAM PHARMA COMPANY	NAMS	$565.2K	23,242	0.06%	-	new	NEW
SHOPIFY INC	SHOP	$554.0K	3,736	0.05%	+0.01pp	8q	HELD
ISHARES TR	IEO	$547.0K	4,144	0.05%	+0.01pp	24q	-2.1%-$12.0K
CATERPILLAR INC	CAT	$544.2K	671	0.05%	-0.02pp	3q	HELD
BOEING CO	BA	$542.0K	2,913	0.05%	-0.17pp	31q	-73.2%-$1.5M
AMERICAN TOWER CORP	AMT	$529.9K	3,237	0.05%	+0.02pp	32q	+83.7%+$241.5K
CLEVELAND-CLIFFS INC NEW	CLF	$519.2K	47,158	0.05%	-	new	NEW
MASTERCARD INCORPORATED	MA	$517.9K	939	0.05%	flat	18q	+0.6%+$3.3K
SCHWAB STRATEGIC TR	SCHX	$511.3K	17,044	0.05%	flat	12q	+1.2%+$5.9K
SELECT SECTOR SPDR TR	XLK	$508.6K	2,598	0.05%	+0.01pp	27q	+13.5%+$60.7K
DIMENSIONAL ETF TRUST	DFAE	$506.8K	12,893	0.05%	flat	4q	+9.5%+$43.8K
ISHARES TR	AAXJ	$488.7K	4,198	0.05%	flat	32q	-8.5%-$45.4K
NOVARTIS AG	NVS	$484.3K	3,397	0.05%	-0.02pp	24q	-19.0%-$113.5K
AON PLC	AON	$479.6K	1,733	0.05%	-0.01pp	23q	-4.9%-$24.9K
ISHARES INC	EMXC	$479.5K	4,840	0.05%	flat	10q	-6.8%-$35.0K
SCHWAB STRATEGIC TR	FNDC	$479.0K	9,612	0.05%	flat	25q	HELD
CORCEPT THERAPEUTICS INC	CORT	$478.3K	4,151	0.05%	-	new	NEW
VANGUARD SCOTTSDALE FDS	VGLT	$476.0K	9,493	0.05%	-0.01pp	8q	-11.2%-$60.1K
PROGYNY INC	PGNY	$457.6K	18,167	0.05%	-	new	NEW
VANGUARD INDEX FDS	VTV	$438.1K	2,027	0.04%	flat	14q	-3.3%-$14.9K
VANGUARD SCOTTSDALE FDS	VTC	$433.2K	5,952	0.04%	flat	18q	+11.2%+$43.7K
CONSOLIDATED EDISON INC	ED	$423.6K	4,145	0.04%	flat	32q	HELD
ISHARES TR	IBB	$422.0K	2,005	0.04%	flat	22q	-2.2%-$9.7K
YPF SOCIEDAD ANONIMA	YPF	$417.3K	8,325	0.04%	flat	3q	-20.8%-$109.6K
DIMENSIONAL ETF TRUST	DFIV	$411.1K	7,360	0.04%	flat	6q	+2.3%+$9.3K
CROWDSTRIKE HLDGS INC	CRWD	$408.0K	1,541	0.04%	+0.01pp	2q	-17.7%-$87.6K
BANK OF AMER CORP	BAC	$405.1K	7,443	0.04%	flat	31q	-3.1%-$12.8K
GOLDMAN SACHS ETF TR	GEM	$403.5K	7,896	0.04%	flat	20q	-4.3%-$18.0K
URBAN EDGE PPTYS	UE	$402.3K	20,598	0.04%	-0.01pp	32q	HELD
VANGUARD INDEX FDS	VB	$399.2K	1,403	0.04%	flat	3q	+19.0%+$63.7K
TESLA INC	TSLA	$397.3K	1,120	0.04%	+0.01pp	10q	+40.4%+$114.2K
ULTRA CLEAN HLDGS INC	UCTT	$388.7K	4,796	0.04%	-	new	NEW
COPART INC	CPRT	$388.3K	14,234	0.04%	flat	18q	HELD
MCDONALDS CORP	MCD	$373.5K	1,618	0.04%	-0.01pp	32q	-0.6%-$2.3K
ARM HOLDINGS PLC	ARM	$371.6K	1,283	0.04%	-0.01pp	2q	HELD
ISHARES TR	ITOT	$371.0K	2,231	0.04%	flat	13q	HELD
ISHARES TR	IJH	$363.9K	5,058	0.04%	flat	24q	-2.3%-$8.6K
MARATHON PETE CORP	MPC	$356.7K	902	0.04%	+0.01pp	3q	HELD
VANGUARD INDEX FDS	VNQ	$356.0K	3,971	0.04%	flat	17q	+4.0%+$13.6K
INNOVATOR ETFS TRUST	UJUL	$352.0K	8,507	0.03%	flat	19q	HELD
HOME DEPOT INC	HD	$345.3K	1,214	0.03%	-0.01pp	27q	-1.8%-$6.3K
INTUITIVE SURGICAL INC	ISRG	$336.7K	828	0.03%	-0.01pp	26q	-31.5%-$154.5K
ISHARES TR	IMCV	$330.4K	3,601	0.03%	flat	12q	HELD
QUALCOMM INC	QCOM	$329.1K	1,788	0.03%	-	new	NEW
STATE STR SPDR S&P MIDCAP 40	MDY	$327.9K	499	0.03%	flat	24q	HELD
NEXSTAR MEDIA GROUP INC	NXST	$322.7K	1,998	0.03%	flat	2q	HELD
AMERICAN ELEC PWR CO INC	AEP	$315.1K	2,656	0.03%	-0.11pp	9q	-75.1%-$952.3K
VANGUARD TAX-MANAGED FDS	VEA	$310.8K	4,402	0.03%	flat	3q	+0.9%+$2.7K
PUTNAM ETF TRUST	PFRX	$306.0K	9,272	0.03%	-	new	NEW
STARBUCKS CORP	SBUX	$303.7K	3,232	0.03%	flat	32q	-1.1%-$3.5K
TRAVELERS COMPANIES INC	TRV	$300.4K	843	0.03%	flat	28q	-3.9%-$12.1K
ELEVANCE HEALTH INC FORMERLY	ELV	$296.4K	762	0.03%	flat	25q	-0.7%-$1.9K
ISHARES TR	EFG	$296.3K	2,473	0.03%	flat	10q	HELD
AMPHENOL CORP	APH	$291.7K	3,460	0.03%	flat	2q	+12.3%+$31.9K
VANGUARD SPECIALIZED FUNDS	VIG	$290.4K	1,245	0.03%	flat	9q	+4.0%+$11.2K
PIMCO ETF TR	MUNI	$288.7K	5,810	0.03%	flat	8q	HELD
LYONDELLBASELL INDUSTRIES NV	LYB	$283.9K	4,940	0.03%	-0.02pp	3q	-45.5%-$236.7K
CHUBB LIMITED	CB	$282.7K	869	0.03%	flat	13q	HELD
BROWN FORMAN CORP	BFB	$281.2K	10,733	0.03%	flat	32q	HELD
PIMCO EQUITY SER	MFEM	$276.0K	9,657	0.03%	-0.52pp	19q	-95.2%-$5.4M
PARKER HANNIFIN CORP	PH	$274.5K	287	0.03%	flat	5q	HELD
CONOCOPHILLIPS	COP	$272.8K	2,180	0.03%	flat	29q	-0.8%-$2.1K
BANK OF MONTREAL	BMO	$270.9K	1,620	0.03%	flat	5q	HELD
ANGEL OAK FUNDS TRUST	MBS	$270.9K	33,158	0.03%	-1.00pp	11q	-97.3%-$9.8M
PROFESIONALLY MANAGED PORTFO	AKRE	$266.5K	5,060	0.03%	flat	4q	HELD
ISHARES TR	IWF	$266.1K	2,124	0.03%	flat	6q	HELD
GILEAD SCIENCES INC	GILD	$263.4K	1,767	0.03%	flat	6q	-0.9%-$2.4K
VANGUARD WORLD FD	VIS	$262.4K	819	0.03%	-0.01pp	8q	-9.4%-$27.2K
PUTNAM ETF TRUST	FTNJ	$260.7K	31,561	0.03%	+0.01pp	2q	+30.2%+$60.4K
ONEOK INC NEW	OKE	$259.1K	3,039	0.03%	-	new	NEW
ADVANCE AUTO PARTS INC	AAP	$257.8K	6,626	0.03%	-0.01pp	4q	HELD
VIVMARK RESIDENTIAL	VMRK	$256.4K	4,220	0.03%	-	new	NEW
DEERE CO	DE	$256.1K	381	0.03%	-0.19pp	2q	-88.9%-$2.0M
SOUTHERN CO	SO	$254.0K	3,065	0.03%	-0.01pp	32q	-28.4%-$100.5K
BP PLC	BP	$253.8K	5,769	0.03%	flat	5q	HELD
TARGA RES CORP	TRGP	$252.7K	935	0.03%	-	new	NEW
T ROWE PRICE EXCHANGE-TRADED	TBUX	$249.2K	5,027	0.02%	flat	6q	HELD
ADVANCED MICRO DEVICES INC	AMD	$247.2K	404	0.02%	-	new	NEW
PROGRESSIVE CORP	PGR	$247.1K	1,192	0.02%	-0.17pp	13q	-86.8%-$1.6M
INVESCO CURRENCYSHARES EURO	FXE	$245.1K	2,344	0.02%	flat	4q	HELD
BOOKING HOLDINGS INC	BKNG	$244.7K	1,502	0.02%	flat	13q	HELD
ISHARES INC	EWH	$240.9K	10,895	0.02%	flat	3q	HELD
METLIFE INC	MET	$240.0K	2,549	0.02%	flat	2q	HELD
VANGUARD WHITEHALL FDS	VYMI	$238.6K	2,359	0.02%	-	new	NEW
SPDR SERIES TRUST	XHB	$238.6K	2,484	0.02%	flat	14q	HELD
ALTRIA GROUP INC	MO	$228.9K	3,399	0.02%	flat	3q	+2.3%+$5.3K
COEUR MNG INC	CDE	$225.8K	12,827	0.02%	flat	3q	HELD
STATE STR SPDR DOW JONES IND	DIA	$224.1K	441	0.02%	flat	3q	HELD
AGNICO EAGLE MINES LTD	AEM	$222.2K	1,212	0.02%	-	new	NEW
DIMENSIONAL ETF TRUST	DISV	$219.3K	5,066	0.02%	-	new	NEW
NEW YORK TIMES CO MTN BE	NYT	$219.0K	3,438	0.02%	flat	4q	+1.2%+$2.6K
ISHARES TR	IGV	$215.1K	2,021	0.02%	-	new	NEW
ISHARES GOLD TR	IAU	$214.7K	2,749	0.02%	flat	4q	-3.7%-$8.2K
ALAMOS GOLD INC	AGI	$213.7K	6,598	0.02%	flat	5q	HELD
TOYOTA MOTOR CORP	TM	$213.0K	1,163	0.02%	-	new	NEW
SHELL PLC	SHEL	$211.2K	2,223	0.02%	-	new	NEW
LINDE PLC	LIN	$210.6K	444	0.02%	flat	2q	-3.9%-$8.5K
ISHARES TR	LQD	$205.6K	2,012	0.02%	-	new	NEW
ADAM NAT RES FD INC	PEO	$203.8K	7,401	0.02%	-	new	NEW
SELECT SECTOR SPDR TR	XLV	$202.8K	1,204	0.02%	-	new	NEW
CANNAE HLDGS INC	CNNE	$159.7K	10,413	0.02%	flat	3q	HELD
NUVEEN AMT FREE QLTY MUN INC	NEA	$156.6K	15,739	0.02%	flat	19q	HELD
PALMER SQUARE CAPITAL BDC IN	PSBD	$120.7K	12,202	0.01%	-	new	NEW
SERITAGE GROWTH PPTYS	SRG	$116.1K	71,672	0.01%	-0.01pp	6q	HELD
TRIPADVISOR INC	TRIP	$83.7K	10,000	0.01%	flat	3q	HELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Semiconductors & Electronics	$48.3M	4.8%
Biotech & Pharma	$43.5M	4.3%
Computer Hardware	$42.6M	4.2%
Software & IT Services	$42.5M	4.2%
Retail & Consumer	$21.0M	2.1%
Mining & Metals	$19.7M	2.0%
Other sectors	$105.2M	10.4%
Not classified	$684.7M	68.0%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	-3.2%	+2.1%	-5.3%	99%
Q2 2026	+11.7%	+14.8%	-3.1%	100%
Q1 2026	+1.1%	-4.6%	+5.8%	100%
Q4 2025	+2.3%	+2.4%	-0.1%	100%
Q3 2025	+6.8%	+7.8%	-1.0%	100%
Q2 2025	+5.3%	+10.5%	-5.2%	100%
Q1 2025	-1.1%	-4.6%	+3.5%	101%
Q4 2024	-1.4%	+2.1%	-3.5%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$1.0B	318	57	86	99	50	37.2%	27
Q2 2026	$1.0B	311	36	97	101	51	37.4%	30
Q1 2026	$934.9M	326	59	83	111	63	36.8%	28
Q4 2025	$913.5M	330	46	90	118	46	34.7%	23
Q3 2025	$896.3M	330	45	96	133	47	34.7%	21
Q2 2025	$848.0M	332	53	114	121	40	35.9%	39
Q1 2025	$797.5M	319	50	86	123	57	33.2%	39
Q4 2024	$784.1M	326	43	91	123	49	31.1%	38
Q3 2024	$751.2M	332	61	99	114	42	31.3%	36
Q2 2024	$731.9M	313	38	100	120	35	33.2%	38
Q1 2024	$706.2M	310	32	109	115	24	34.9%	22
Q4 2023	$689.7M	302	41	90	123	26	34.3%	18
Q3 2023	$634.0M	287	31	103	88	31	40.5%	26
Q2 2023	$665.4M	287	37	91	115	22	38.1%	40
Q1 2023	$638.3M	272	35	68	96	19	43.7%	20
Q4 2022	$603.6M	256	28	66	118	30	41.9%	33
Q3 2022	$533.3M	258	31	106	61	28	48.1%	46
Q2 2022	$556.6M	255	39	95	67	38	45.3%	35
Q1 2022	$560.7M	254	47	83	86	38	45.3%	32
Q4 2021	$524.2M	245	31	86	76	38	39.5%	24
Q3 2021	$477.3M	252	24	92	74	38	43.2%	12
Q2 2021	$463.9M	266	32	90	74	40	38.9%	28
Q1 2021	$423.1M	274	41	95	74	32	39.7%	37
Q4 2020	$408.1M	265	61	86	68	24	38.0%	21
Q3 2020	$376.2M	228	34	67	79	22	40.9%	29
Q2 2020	$347.5M	216	42	65	86	25	45.1%	21
Q1 2020	$319.3M	199	43	49	79	36	53.3%	13
Q4 2019	$396.9M	192	24	49	83	13	52.4%	6
Q3 2019	$387.8M	181	15	36	90	17	52.7%	10
Q2 2019	$375.8M	183	28	49	73	26	49.8%	15
Q1 2019	$410.8M	181	48	29	73	13	55.8%	71
Q4 2018	$358.1M	146	0	0	0	0	60.7%	15

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.